Economy

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Capital Gap:Barclays Bank needs 5.8 billion pounds of financial market / UK News

The British banking giant Barclays wants to cram with a capital of 5.8 billion pounds a part of its seven-billion…

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Detroit Bankruptcy:Declaration of bankruptcy of an American dream / US News

By all means, the city has tried to avert the worst, in vain:Detroit is bankrupt. The legendary carmaker metropolis had…

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With eye on 2014 polls, Indian govt launches cheap food scheme

Indian government has launched a $22 billion welfare scheme to give cheap food to 70 per cent of country’s population.

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India mulling Visa-on-Arrival for Chinese, French citizens

In order to woo Chinese and French nationals travel to India, Indian Tourism Ministry is mulling to provide Visa-on-Arrival (VoA)…

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Indian rupee hits record low of 60 against US dollar

The Indian rupee continues to slump and hit a new low against of 60 against US dollar on Thursday.

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Pakistan discovers new gas reserves

A huge reserves of natural gas have been discovered in energy starved Pakistan.

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Turkey seeks increase in air connectivity with India

Turkey Tuesday sought increase in frequency of air flights with India to increase tourist traffic between the two countries.

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Pakistan PM constitutes panel to look restructure PIA

With an aim to increase proficiency and effectiveness of country’s flag carrier PIA, Pakistan’s newly elected Prime Minister Nawaz Sharif…

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Visa on Arrival scheme in India records 37 % growth in May 2013

The Visa on Arrival (VoA) for foreign tourists of 11 countries has witnessed a growth of 37 per cent in…

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Foreign tourist arrivals in India up by 3% in May 2013, earnings rise by 9%

The foreign tourist arrivals in India were up by 3 per cent in May and foreign exchange earnings rose by…

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Salary slips of top executives in India to be scanned for deduction of tax

Income Tax department in India has decided to scan salary structure of top executives of big corporates and PSUs in…

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Maruti, Toyota, Ford India car sales decline in India

In a major setback to car manufacturers in India, three top carmakers Maruti Suzuki India, Toyota Kirloskar Motor and Ford…

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Good news for Pakistan: Saudi to extend $15 bn bailout package to Pakistan

Pakistan’s key ally Saudi Arabia is expected to extend $ 15-billion bailout package to Pakistan's highly indebted energy sector to…

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‘Lift travel advisories, allow citizens to visit Indian Kashmir’

The Tourism Minister of Indian administered Kashmir has asked Western and other countries to lift travel advisories and allow their…

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India will soon have plastic currency notes

If all goes well, India will soon have environment-friendly plastic currency notes.

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